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0
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3
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3: Each item you are selling you want to earn at least 1 dollar or more on. If you want to use the same percent markup for all items, then what percent markup will work for all items on the list below to earn you at least $1 or more in profit? (Use only whole percent numbers 12%, 34% etc.)

 

Item:_______ Cost in supplies:________

 

Necklace      8.00

 

Rocking horse       15.00

 

Spin top          1.50

 

Emerald ring         35.00

 

Metal Nativity Scene        25.00

 

Purse       3.00

 

Wooden bookmark       1.60

Guest Dec 6, 2018
edited by Guest  Dec 6, 2018
edited by Guest  Dec 6, 2018
 #1
avatar+14579 
+3

The cheapest one will require the largest mark-up to get to $1 profit

Spin top @ 1.50 is the cheapest and requires a 67% mark up.

ElectricPavlov  Dec 6, 2018
 #2
avatar
+1

3: Each item you are selling you want to earn at least 1 dollar or more on. If you want to use the same percent markup for all items, then what percent markup will work for all items on the list below to earn you at least $1 or more in profit? (Use only whole percent numbers 12%, 34% etc.)

 

Item:_______ Cost in supplies:________

 

Necklace      8.00

 

Rocking horse       15.00

 

Spin top          1.50

 

Emerald ring         35.00

 

Metal Nativity Scene        25.00

 

Purse       3.00

 

Wooden bookmark       1.60

Guest Dec 6, 2018
 #3
avatar
0

Multiply each item by 1 + 67% =1.67 x each item. That is the profit on each item.

Guest Dec 6, 2018

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